Olin Corp. (NYSE:OLN) shares shot up 2.1% on Friday . The company traded as high as $21.20 and last traded at $21.02, with a volume of 792,190 shares traded. The stock had previously closed at $20.59.

Several analysts recently weighed in on the company. RBC Capital Markets reissued a “buy” rating and set a $24.00 price target (down from $28.00) on shares of Olin Corp. in a report on Friday, July 22nd. Royal Bank Of Canada lowered their price target on Olin Corp. from $28.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, July 22nd. Nomura reissued a “buy” rating on shares of Olin Corp. in a report on Tuesday, July 12th. Zacks Investment Research raised Olin Corp. from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Wednesday, July 6th. Finally, Cowen and Company raised Olin Corp. from a “market perform” rating to an “outperform” rating and increased their price target for the company from $18.00 to $31.00 in a report on Tuesday, June 28th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $23.88.

The firm’s 50 day moving average is $22.73 and its 200-day moving average is $19.97. The company’s market capitalization is $3.52 billion.

Olin Corp. (NYSE:OLN) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.07. During the same period in the previous year, the company posted $0.32 earnings per share. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.47 billion. The company’s quarterly revenue was up 154.8% compared to the same quarter last year. On average, analysts expect that Olin Corp. will post $1.15 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Wednesday, August 10th will be paid a $0.20 dividend. The ex-dividend date is Monday, August 8th. This represents a $0.80 annualized dividend and a dividend yield of 3.75%.

Olin Corporation is a manufacturer and distributor of chemical products, and ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrogen, bleach products and potassium hydroxide.

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